About the Role

Mal is seeking a Group Treasury Manager/Head to join our pioneering Sharia-compliant neobank based in Dubai. As the world's first ethical digital bank, we are committed to delivering modern, AI-powered financial services that align with Islamic principles. Our mission is to empower Muslims and underserved communities globally through innovative, halal banking products, investing, and financial wellness solutions.

As Group Treasury Manager/Head you will play a crucial leadership role in overseeing and optimizing Mal’s treasury operations, liquidity management, and risk strategies. You will help shape the future of ethical banking by ensuring the organization’s financial resources are managed prudently and in strict accordance with Sharia guidelines, supporting business growth and operational excellence.

Key Responsibilities:

• Lead the end-to-end management of FX products, including spot, forwards, swaps and precious metals. Define pricing strategies, client segmentation models, and revenue optimization frameworks across markets.
• Establish and maintain robust pricing governance, including FX margin matrices, after-hours pricing frameworks, and adherence to regulatory standards.
• Design, implement, and manage group-wide treasury policies and processes in line with Sharia principles
• Oversee cash flow, liquidity, and funding requirements across all business units and jurisdictions
• Develop and monitor short- and long-term cash flow forecasts, optimizing working capital
• Manage banking relationships and support the negotiation of financing facilities
• Lead the identification and mitigation of financial risks, including currency, interest rate, and counterparty risks
• Ensure regulatory compliance with UAE Central Bank and international standards
• Collaborate with Finance, Product, and Technology teams to support new product launches and group initiatives

Must-Have Qualifications:

• Proven experience in treasury management, financial risk, or corporate finance, ideally in banking, fintech, or financial services
• Deep understanding of liquidity management, cash flow forecasting, and capital allocation
• Strong knowledge of financial regulations and treasury best practices
• Familiarity with Sharia-compliant banking or ethical finance principles
• Demonstrated ability to build and lead treasury operations in a dynamic, scaling organization
• Excellent analytical, communication, and stakeholder management skills
• Proficiency with treasury management systems and financial modeling tools

Nice to Have:

• Experience in a startup or high-growth fintech environment
• Knowledge of digital assets, crypto, or tokenized products
• Background in Islamic banking or finance certifications (e.g., CIFE, AAOIFI)
• Advanced degree in finance, economics, or related field
• Fluency in Arabic and/or other languages relevant to Mal’s markets

First 60 Days:

• Assess and document current state of treasury operations, policies, and controls
• Develop and present a roadmap for treasury function development aligned with Mal’s growth strategy
• Establish cash flow forecasting and reporting framework
• Initiate key banking relationships and review current financing arrangements
• Identify immediate liquidity risks and propose mitigation strategies